Bloomberg News

Coking Coal in U.S. Spot Market Falls, Energy Publishing Says

March 09, 2012

Metallurgical coal prices on the U.S. spot market fell this week because of slack demand, Energy Publishing Inc. said today.

Low-volatility coal decreased $3.87, or 1.9 percent, to $201.13 a ton and high-volatility coal dropped $1.75, or 0.9 percent, to $187.50, according to Energy Publishing.

“Price sentiment hasn’t collapsed on the buy or on the sell side, though it has gotten more bearish,” the data provider wrote in a weekly report.

Energy Publishing says it surveys buyers and sellers of coal to determine pricing.

To contact the reporter on this story: Mario Parker in Chicago at mparker22@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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